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Beyonce and Jay-Z To Host $40K A Head Fundraiser for Obama

Beyonce and Jay-Z will be hosting a fundraising party for Obama’s campaign, charging a whopping $40,000 a head.

The Carters showed an ample amount of support for President Obama back in 2008, and this year has been no different.

The event, which is be held at Jay-Z’s club 40/40 on West 25th Street on September 18, is reportedly the last stop in New York for the president’s re-election campaign before the Presidential Elections take place in November.

It’s no surprise that the reigning queen of R&B and the hip hop mogul are hosting the lavish party for the president, after all their relationship with the first family has been building over the years.

Jay-Z led several hip hop campaigns to gain voters for Obama before he was elected as the nation’s 44th president in 2008.

Beyonce even had a special connection with the first couple, as she performed Etta James’ famous hit “At Last” during the Neighborhood Ball in January of 2009 which was the Obamas’ first inaugural dance.

More recently, Obama featured a video link-up message at the Made in America concert where Jay-Z was performing.

Even the first lady has a special place in her heart for the Carters after Beyonce became a substantial part of her “Lets Move” motivational program that promotes a healthier, more active lifestyle for school children.

Jay-Z has made it very clear that he supports President Obama, but he did have to clear up one issue that he isn’t quite a fan of: Occupy Wall Street.

“I’m not going to a park and picnic, I have no idea what to do, I don’t know what the fight is about,” the “Empire State of Mind” rapper told the New York Times.

According to the entrepreneur, who is worth over $400 million, the Occupy Wall Street movement has made their message very clear and the image they’re portraying of the wealthy one percent just isn’t fair or accurate.

“When you just say that ‘the one percent is that,’ that’s not true,” the Rocawear creator explained. “Yeah, the one percent that’s robbing people, and deceiving people, these fixed mortgages and all these things, and then taking their home away from them, that’s criminal, that’s bad. Not being an entrepreneur. This is free enterprise. This is what America is built on.”

The hip hop mogul may have cleared up his stance, but the line of “Occupy All Streets” t-shirts he released last year were certainly misleading, especially to long time Occupy Wall Street supporter Russell Simmons who was even photographed with Jay-Z while wearing the shirt.

“As a person who cares deeply about Occupy Wall Street, I have to honor their year-long effort and educate my long-time friend, Jay-Z,” Russell Simmons wrote in the blog post titled “Jay-Z is Right 99 Times, But This Ain’t One.” “So, Jay, here’s the deal. You’re rich and I’m rich. But, today it’s close to impossible to be you or me and get out of Marcy Projects or Hollis, Queens without changing our government to have our politicians work for the people who elect them and not the special interests and corporations that pay them.”

 

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